Wal-Mart shopping carts sit outside of a store on Feb. 20, 2014 in San Lorenzo, California.
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Business Latest: Wal-Mart’s difficulties

 

WAL-MART’S SHOPPER DIFFICULTIES: Wal-Mart is struggling to gain traction in the U.S. because of the continued struggles of its core consumer. It strives for a delicate balance between trying to appeal to this customer and attracting a more affluent customer. Read more

WHY THE U.S. IS RECOVERING: Signs of modestly higher inflation and a robust jobs market in the U.S. have many economists cheering the recovery in the world’s largest economy. Despite this optimism, Schroders has signaled that this could hit exporters and destabilize growth in the rest of the world. Read more

MINIMUM WAGE HIKE IN UK?: Britain’s opposition Labour party will pledge to raise the statutory minimum wage if it wins the next election, as the wages of economies’ lowest paid workers make headlines worldwide. Read more

STOCKS END HIGHER IN CHOPPY TRADING; INTERNET STOCKS BOOST NASDAQ: Read more

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Business Latest: Wal-Mart's difficulties